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Aug. 12, 2020, 4:09 p.m. EDT

At Home stock soars more than 470% over the past three months

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By Tonya Garcia

Shares of At Home Group Inc. /zigman2/quotes/204084118/composite HOME -2.11% have skyrocketed more than 470% over the past three months, and have nearly tripled for the year to date, up 190.6% for the period. The S&P 500 index /zigman2/quotes/210599714/realtime SPX -1.12% is up 4.6% for the year to date. The home goods retailer released preliminary second-quarter results in late July, with same-store sales up about 42% and total sales up 51% to $515 million. The home category has been a strong one for the retail sector as shoppers spend more time at home and aim to make improvements and complete do-it-yourself projects. Bank of America recently upgraded At Home shares to buy from underperform, moving its price target to $16.50 from $5, writing in a note that the company is capturing more sales than analysts anticipated. "We have seen a material improvement in home-related spend as consumers invest in their homes and divert income out of travel and entertainment," analysts said.

/zigman2/quotes/204084118/composite
US : U.S.: NYSE
$ 14.86
-0.32 -2.11%
Volume: 2.01M
Sept. 18, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$955.06 million
Rev. per Employee
$251,250
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/zigman2/quotes/210599714/realtime
US : S&P US
3,319.47
-37.54 -1.12%
Volume: 4.09B
Sept. 18, 2020 5:15p
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